Cameroon cement industry reaches sales of XAF191.9bn in 2018
Cameroon’s four cement producers achieved a total turnover of XAF191.9bn (US$330.4m) in 2018, according to sources in the country’s tax administration. Market leader Dangote Cem...
Business Results
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Attock Cement profit shrinks by 25% in 9MFY19
Attock Cement Pakistan Lt (ACPL) has announced its financial result for nine months period ended 31 March 2019 by declaring a net profit of PKR1.376bn (US$9.715m), down by 25 pe...
CCNN reports record net profit of NGN5.7bn in FY18
Cement Company of Northern Nigeria (CCNN) has released its FY18 results, reporting a net profit of NGN5.7bn (US$15.75m) , 77 per cent higher than in 2017. The earnings report is...
Steppe Cement records strong sales in 1Q19
Steppe Cement reports that in the 1Q19 the cement producer sold 266,393t of cement for KZT4455m (US$11.76m), compared to 197,179t of cement for KZT2313m in the 1Q18, an increase...
Taiwanese cement companies report positive results in 1Q19
Taiwan Cement Corp reported improved revenues for March 2019 at TWD10.877bn (US$352.62m), up 11.6 per cent when compared with TWD9.75bn in March 2018, according to Dow Jones New...
PT Semen Indonesia sees 10% revenue rise in 2018
PT Semen Indonesia increased revenues by 10.3 per cent YoY to IDR30.688trn in 2018 from IDR27,814trn in 2017. The company’s consolidated sales volume reached 33.153Mt, including...
Cementir
Cementir Holding's adjusted turnover in 2018 improved by 4.9 per cent YoY to EUR1196.2m and EBITDA advanced by 7.1 per cent to EUR238.5m, while the trading profit showed a nine ...
InterCement
Argentina's Loma Negra, part of InterCement, generated a 7.9 per cent YoY increase in turnover to the equivalent of US$789m, helped by a favourable pricing environment in Argent...
HeidelbergCement
With a turnover advancing by 4.7 per cent to EUR18.074.6m, EBITDA came off by 6.8 per cent to EUR3074.1m and the trading profit was 9.3 per cent lower at EUR1983.7m in 2018 when...
A review of 9MFY19 performance of Pakistan’s cement industry
IGI Securities has reviewed the performance of Pakistan's cement industry for the first nine months of FY18-19 (July 2018-March 2019). Provisional numbers show that cement dispa...